Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Star Magnolia Capital emphasizes that long-term investment success is driven by structural distance from market noise and high-conviction partnerships with managers. To preserve analytical focus, they terminated four manager relationships in 2025 while rotating capital away from frothy US valuations toward Asia and Europe.
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Star Magnolia Capital emphasizes that long-term investment success is driven by structural distance from market noise and high-conviction partnerships with managers. To preserve analytical focus, they terminated four manager relationships in 2025 while rotating capital away from frothy US valuations toward Asia and Europe.
Titan Wealth delivered strong 2025 outperformance across its portfolios, managing geopolitical risks through active geographic diversification and dynamic capital rotation within structural AI and energy themes.
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Titan Wealth delivered strong 2025 outperformance across its portfolios, managing geopolitical risks through active geographic diversification and dynamic capital rotation within structural AI and energy themes.
Kathmandu Capital delivered a strong 16.64% net return in Q2 2025, outperforming its benchmarks despite macro volatility, and continues to prioritize geographic diversification to hedge against U.S. fiscal fragility.
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Kathmandu Capital delivered a strong 16.64% net return in Q2 2025, outperforming its benchmarks despite macro volatility, and continues to prioritize geographic diversification to hedge against U.S. fiscal fragility.
Kathmandu Capital outperformed in Q1 2025 with international diversification paying off as Asia and Europe holdings outperformed U.S. markets. The fund reduced beta and increased geographic diversification amid tariff-driven volatility. Management believes market dynamics favor international opportunities as American exceptionalism wanes and capital seeks better value abroad.
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Kathmandu Capital outperformed in Q1 2025 with international diversification paying off as Asia and Europe holdings outperformed U.S. markets. The fund reduced beta and increased geographic diversification amid tariff-driven volatility. Management believes market dynamics favor international opportunities as American exceptionalism wanes and capital seeks better value abroad.
